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Global Technical Realty Expands European Footprint with Barcelona Site Acquisition

LONDON – 31 July 2023

Global Technical Realty (GTR), a European build-to-suit data center developer, funded by KKR’s third global infrastructure fund, today confirmed the acquisition of its first data center development site in Spain. The site is located on Parc de l’Alba in Cerdanyola del Vallès which is 20 kilometres from the centre of Barcelona. The 15,000 sq m plot has the capacity to accommodate a new 16MW IT load facility.

Barcelona’s data center market is projected to grow rapidly, driven in part by the opening of a new submarine cable landing station. The station is the leading neutral digital port in the area, with three new cables going live between 2023 and 2025, connecting Europe, North Africa and the Middle East. GTR’s new facility is strategically located in the Cerdanyola data center cluster, providing access to subsea cable systems and interconnection points in the region, which is emerging as an important hub for network resiliency and internet traffic in the region.

“Barcelona is the fifth largest metropolitan area in the EU and has the largest economy by GDP on the Mediterranean Sea,” said Franek Sodzawiczny, Founder and CEO at Global Technical Realty. “The data center market there is set to grow rapidly. We plan to provide a data center that will service cloud requirements in a highly secure facility, utilising renewable energy sources. We are excited to become a part of this bustling community.”

 GTR was launched in 2020 by leading global investment firm KKR and Franek Sodzawiczny, a highly experienced and successful entrepreneur in the data center sector, who is focused on delivering leading-edge designs that support sustainability objectives. The company is already developing GB One in the UK and IS One in Israel.